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Which of the following assets, held by a retail business, IS a 1231 asset? A. A machine used in the business and held less than
Which of the following assets, held by a retail business, IS a 1231 asset?
A. A machine used in the business and held less than one year.
B. A factory building used in the business and held more than one year.
C. Inventory.
D. Accounts receivable.
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